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These days, finding an affordable place to live in the Wake Village area can be challenging. Home prices in Wake Village are now at a median cost of $171,607, lower than the Texas average of $322,096.
The average cost of rent is $1,055/mo in Wake Village, primarily driven by the current value of real estate in the Wake Village area. In Wake Village, 46.27% of households rent, and 54.33% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Wake Village is $4,527 per month. Households that rent pay about 23.31% of their income on rent here. Wake Village’s most expensive areas are in the northern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Texarkana, TX: higher priced homes
- Nash, TX: equally priced homes
- Leary, TX: equally priced homes
- Red Lick, TX: higher priced homes
- Texarkana, AR: less expensive homes
- Victory City, TX: higher priced homes
- Redbank, TX: higher priced homes
- Redwater, TX: equally priced homes
- Hooks, TX: less expensive homes
- Burns, TX: less expensive homes
Cities with Similar Populations
- Hudson, MI: less expensive homes
- Kerhonkson, NY: higher priced homes
- Kaunakakai, HI: higher priced homes
- Karnes City, TX: less expensive homes
- Kalona, IA: higher priced homes
- Josephine, TX: higher priced homes
- Joppa, MD: higher priced homes
- Huxley, IA: higher priced homes
- Hunters Creek Village, TX: higher priced homes
- Hugoton, KS: less expensive homes
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